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One of the SEC's core jobs is to protect investors from corporate officers who lie to them about the state of the public companies that they are running. This i
by harryh 8y ago
One of the SEC's core jobs is to protect investors from corporate officers who lie to them about the state of the public companies that they are running. This is precisely what Elon Musk did.
- chaosbutters314 8y agoWere they around during Enron?
- harryh 8y agoThere was a huge investigation of Enron by the SEC. Among other things, CEO Jeffrey Skilling was barred from ever again serving as an officer of a public company. He also spent ~12 years in prison (Though that was a separate action. The SEC can't send people to prison).